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Commissioners accept bonds and release two subdivision performance bonds
Summary
The board accepted a maintenance bond for Peabody Farms West Section 2 and released two performance bonds: Peabody Farms West ($1,230,964) and Ellis Acres Subdivision ($495,921.89).
Boone County commissioners on Oct. 6 accepted a maintenance bond and released two subdivision performance bonds as part of routine development and subdivision closeouts.
County staff reported acceptance of a maintenance bond for Peabody Farms West Section 2 in the amount of $205,213.38. The board also approved release of two performance bonds: one for Peabody Farms West for $1,230,964.00 and a second for Ellis Acres Subdivision for $495,921.89. Commissioners approved the motions by voice vote.
No conditions or remaining punch-list items were specified during the meeting remarks. Commissioners directed staff to process bond releases per county procedures.
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